Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “taxable”

taxable

adjective     /ˈtæksəbl/ FINANCE, TAX
taxable earnings , goods , assets , etc. require a particular amount of their value to be paid to the government : The report shows taxable sales dropped nearly 10%.taxable as sth Distributions from short-term capital gains are generally taxable as ordinary income .taxable to sb Dividends generally are taxable to shareholders at the time they are paid . The sale of shares of the Fund is a taxable event and may result in a capital gain or loss . Her house has a taxable value of $53,777. taxable capital / earnings / investments taxable accounts / assets / dividends
taxability noun [U]
(Definition of taxable adjective from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of taxable

Definitions of “taxable” in other dictionaries

Word of the Day

familiarity

a good knowledge of something, or the fact that you know it so well

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More